SOURCE: Industrial Info Resources

Industrial Info Resources

April 20, 2010 05:20 ET

Halliburton Sees Small Dip in First-Quarter Revenue, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - April 20, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Dips in revenue and a devaluation of the Venezuelan bolivar fuerte led to an overall decline in earnings for energy company Halliburton (NYSE:HAL) (Houston, Texas) during the first quarter of 2010, when compared with the same quarter last year. Net income stood at $206 million, a 45.5% decrease year-over-year. Industrial Info is tracking more than $30 million in active Halliburton projects in the U.S., including a $20 million expansion at the Williston Oil & Gas Field Services plant in Williston, North Dakota.

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